Urban Park Residences

1. Is it on schedule?68% built in July 2026, 3 months past its registered April 2026 handover · DLD inspection, 6 Jul 202668%Context
2. Is my money protected?Payments go to an escrow account at يونايتد بنك ليمتد (مكتب ادارة), as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 1,531/sqft, 4.6% above the Dubai Sports City off-plan median across 24 projects+4.6%Context
4. Is it selling?59 off-plan sales registered in the last 12 months, of 187 units; the latest on 5 Oct 202659Context
5. Who is building it?Urban Venture, licence no. 1947Context

Sizes run from the 10th to the 90th percentile of registered floor area, so one mislabelled unit cannot set the range. A title is issued at handover: a live project shows few or none however many units have sold, and an untitled unit is not necessarily for sale.

Escrow agent

يونايتد بنك ليمتد (مكتب ادارة)

Developer, as licensed

URBAN VENTURE REAL ESTATE DEVELOPMENT L.L.C (no. 1947)

Master developer

Dubai Sports City

Registered start

October 2024

Configuration

2B+G+15+R

Construction progress is DLD’s inspection of 6 Jul 2026. DLD’s published project register still lags it, so the later inspection is used and dated on its own. The developer is the company licensed to build it, by the register’s own licence number; the master developer owns the land under it and is often another company entirely. Off-plan price is the median of registered off-plan sales across this project’s published buildings, 12 months to 12 Oct 2026.

When will Urban Park Residences be completed?

The developer registered handover for April 2026; that date has passed with no completion recorded, 3 months on, and the project was 68% built as of July 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department inspection of 6 Jul 2026.

What does Urban Park Residences cost per square foot?

AED 1,531 per sqft, the median of 59 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 1.04M. That is 4.6% above the Dubai Sports City off-plan median across 24 projects.

Is Urban Park Residences in escrow?

Yes: the Land Department register names يونايتد بنك ليمتد (مكتب ادارة) as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of July 2026.

Who is the developer of Urban Park Residences?

URBAN VENTURE REAL ESTATE DEVELOPMENT L.L.C, licence no. 1947, by the register’s own licence number; the master developer that owns the land is Dubai Sports City. Dubai Land Department project register as of July 2026.

How many units does Urban Park Residences have?

187 registered units, of which 0 have a title issued. A title is issued at handover, so a live project shows few or none however many units have sold. Dubai Land Department project register as of July 2026.